Bitcoin ETFs Rebound as Institutions Buy the Dip

Jul 09, 2024

Despite Bitcoin's recent price dip, institutional investors took advantage of the opportunity, with digital asset investment products attracting $441 million in inflows last week. Bitcoin accounted for the majority of these inflows, with $398 million allocated to the cryptocurrency. Solana and Ethereum also saw significant inflows of $16 million and $10 million, respectively.

This article is for informational purposes only. It is not offered or intended to be used as investment or other advice.

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